Are the cost of governance and austerity drive related? | LinkedIn
Are the cost of governance and austerity drive related? | LinkedIn
Are the cost of governance and austerity drive related?
The real cost of governance is not pay and perks of the politicians and their brothers in crime the bureaucrats however high they may appear to apoor country like ours.
The real cost is their boots throttling the throat of the economy for the last 62 years since independence. Does anyone know that Indian industry was growing at over 20% rate under the British and these "saviors" came and cut down the growth to low single digits thus ensuring continuing abject poverty for several generations of crores of Indians. Today 40 crores live on one dollar a day.
What inspires our politicians to strangulate the economy so pitilessly...after all they are from amongst us only and have the same motivations and ambitions.
The fact is that there is no financial viability model for an expensive political career. A politician's source of income are not defined though the humongous expenses of leading an active public life are well understood.
This leads the politicians to create obstacle courses in all government services faithfully overseen by their watchdogs...the fossilized bureaucracy. The politicians make their money by brokering between the customers of government service(usually business fat cats for the most part) and the minders of the obstacle courses, the bureaucracy.
Since they are not supposed to earn money this way, the funds have to be stashed away from public gaze and that is where Swiss banks come in handy.
It would be far cheaper for India to give 50,000 crore rupees for a five year contract for governing the country to the political party running the federal government and a few thousand crores to their state counterparts.
Corruption would vanish in one moment and India would grow at 20% per annum and become a US in a few years....
But our hypocrisy will not allow this to happen...like ostriches our comfort zone is our heads under the sand.
The so called "austerity" sham appears perverse given the context.
The real cost is their boots throttling the throat of the economy for the last 62 years since independence. Does anyone know that Indian industry was growing at over 20% rate under the British and these "saviors" came and cut down the growth to low single digits thus ensuring continuing abject poverty for several generations of crores of Indians. Today 40 crores live on one dollar a day.
What inspires our politicians to strangulate the economy so pitilessly...after all they are from amongst us only and have the same motivations and ambitions.
The fact is that there is no financial viability model for an expensive political career. A politician's source of income are not defined though the humongous expenses of leading an active public life are well understood.
This leads the politicians to create obstacle courses in all government services faithfully overseen by their watchdogs...the fossilized bureaucracy. The politicians make their money by brokering between the customers of government service(usually business fat cats for the most part) and the minders of the obstacle courses, the bureaucracy.
Since they are not supposed to earn money this way, the funds have to be stashed away from public gaze and that is where Swiss banks come in handy.
It would be far cheaper for India to give 50,000 crore rupees for a five year contract for governing the country to the political party running the federal government and a few thousand crores to their state counterparts.
Corruption would vanish in one moment and India would grow at 20% per annum and become a US in a few years....
But our hypocrisy will not allow this to happen...like ostriches our comfort zone is our heads under the sand.
The so called "austerity" sham appears perverse given the context.
posted by Unknown at 11:37 PM
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